1. Bangladesh-India Friendship Power Company (Pvt.) Limited (A Joint Venture of NTPC Ltd and BPDB) Registered Office : Bidyut Bhaban (14th Floor), 1 Abdul Gani Road, Dhaka-1000, Bangladesh 2X660 MW MAITREE SUPER THERMAL POWER PROJECT PROGRESS REPORT FOR THE MONTH OF MARCH 2014 30.03.2014PROGRESS REPORT-MAR'20141 1 Photograph of Site to be given

2. 2X660 MW MAITREE SUPER THERMAL POWER PROJECT SNDescriptionPage No Remarks 1Management Summary Progress Report  Corporate Activities3  Site Activities4  Financial Progress5 2Status of Critical Inputs6 3Pending Critical Approval7 4Major Initiatives taken during this Month8 5Sch.of Activities planned for next 6 months9 6Progress Photographs10 03.03.2014PROGRESS REPORT-FEB'20142 INDEX

3. 2X660 MW MAITREE SUPER THERMAL POWER PROJECT Appointment of Owner’s Engineer : Technical Bid opened on 13 th March ’14. Financial Bid opened on 24 th March ‘14. Appointment of Coal Consultant : RFP finalized & issued to short- listed consultants. Pre-proposal meeting of 10 th April ‘14. Environment Management: Inception Report submitted by CEGIS 03.03.2014PROGRESS REPORT-FEB'2014 3 Management Summary Highlights – Progress: Corporate Activities Boundary wall, Slope protection & Additional area filling: Negotiation held with M/S BDPL. Contract Finalized. Pre-fabricated Site Office : Technical specification Finalized. Substation Package: NIT given for newspaper publication. Bid opening on 30 th April ‘14

4. 2X660 MW MAITREE SUPER THERMAL POWER PROJECT Pontoon Jetty foundation protection wall made. Pontoon stair erected. 33/11 KV Line 200 KVA Transformer erected. Cable laying is under progress. Site filling work completed. Micro-leveling & compaction in progress. Earthen dyke preparation in progress, for slope protection. 1060 m/ 5400 m completed. Main Plant Fencing work started. 03.03.2014PROGRESS REPORT-FEB'2014 4 Highlights - Progress : Site Activities

5. 2X660 MW MAITREE SUPER THERMAL POWER PROJECT 03.03.2014PROGRESS REPORT-FEB'20145 Cumulative Expenditure (FY-2013-14) Desc.Amount in BDTRemarks Cumulative Expenditure during Jul’13 - Feb’14 48,70,89,984Major expenditure on account of Site filling(41 Crs.), Rest House/Helipad /Road etc (3 Crs.), procurement of Jeep(70 L) and Porta Cabin(48L)and DG set(20L) Pontoon(69L) Expenditure during Mar’14 80,19,219Major expenditure on account of Environment Monitoring (43.94 L), Cumulative Expenditure during FY-2013-14 49,51,09,203 Value of Work/Purchase Order placed in Mar’14 92,49,67,176 3-Work/Purchase Order placed in Mar’14

6. 2X660 MW MAITREE SUPER THERMAL POWER PROJECT 03.03.2014PROGRESS REPORT-FEB'20146 Critical Assistance Required from External Govt. Bodies Sl. No Required inputAnticipated dateRemarks 1a) Startup power b) Power evacuation system 2016-17 2017-18 Design activities & EPC contract estimation by PGCB is being expedited. Meeting held with Secretary (Power) & PGCB. 2Access road (6.0 km long) May ‘16 (critical) Govt. approval already available. Meeting held with LGED for expediting the Design activities & Award of Contract. 3.Cap. dredging: a) Mongla port to outer bar. b)Port to project March 2014 March 2016 Expedited with Mongla Port Authority. Funding issue raised by Mongla Authority was resolved. GOB to fund the Capital Dredging.

7. 2X660 MW MAITREE SUPER THERMAL POWER PROJECT IssueStatus  SEC Approval  For raising Capital Exceeding BDT 10 Crs.  For not Listing in Stock Exchange Approval given by SEC for raising initial capital (BDT 16 Cr.). We have to apply separately each time for additional capital induction, as per requirement. SEC will accord approval separately.  Coal Sourcing, Supply & Transport Agreement 9 consultants shortlisted for Coal Consultancy. RFP issued to shortlisted consultants on 20 th Mar’14. 03.03.2014PROGRESS REPORT-FEB'20147 Critical Approvals / Agreements

8. 2X660 MW MAITREE SUPER THERMAL POWER PROJECT Owner’s Engineer Technical & Financial Bid opened RFP issued for Coal Consultancy. Boundary wall, Slope protection & Additional Land filling contract awarded. 33/ 11 KV Sub-station, 11 KV Ringmain & Lighting Mast Supply/ Erection Contract document finalized. 03.03.2014PROGRESS REPORT-FEB'2014 8 Major Initiatives taken during March ’14 Pre-fabricated Site Office Technical Specification finalized Pontoon Jetty along with Gangway, Foundation protection & pontoon stair commissioned Tax consultant engagement is at final stage

9. 2X660 MW MAITREE SUPER THERMAL POWER PROJECT 03.03.2014PROGRESS REPORT-FEB'20149 Schedule of activities Planned in next six months SNActivityTarget 1Appointment of Owner’s EngineerApr’14 2Start of Boundary wall WorkApr’14 3Pre-bid Conference of Coal ConsultantApr’14 4Showcasing of project with ECA agencies and Equipment Suppliers Apr-May’14 5Issue of NIT for Construction Office cum Residential Complex May’14 6EPC Tender Document FinalisationJul’14 7EPC Tender Enquiry FloatingAug’14 8Appointment of Coal ConsultantAug’14

10. 2X660 MW MAITREE SUPER THERMAL POWER PROJECT 2 no. Site Photographs to be added PROGRESS REPORT-FEB'201403.03.201410

11. BANGLADESH- INDIA FRIENDSHIP POWER COMPANY (PVT.) LTD. One Photograph to be added 03.03.2014PROGRESS REPORT-FEB'201411 PARTNER IN PROGRESS